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Comac Receive Order For 45 C919s From Icbc

Thu Oct 20, 2011 8:51 am

Quite a busy week in China with COMAC receiving an order for 45 C919s from ICBC Leasing

SHANGHAI -- ICBC Leasing on Wednesday signed a deal with Commercial Aircraft Corporation of China Ltd (COMAC) to buy 45 of the nation's homegrown C919 large passenger planes.

The financial leasing arm of Industrial and Commercial Bank of China, the country's largest lender, signed the new order as it sought to expand its fleet size to cash in on the country's rapidly growing demand for air services.

Neither side revealed the order's value.


Source

Second large order from ICBC Leasing this year after the 42 A320s ordered previously. COMAC now have orders from Air China, China Southern Airlines, China Eastern Airlines, Hainan Airlines, CDB Leasing and GE Capital Aviation Services.

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Paul
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bjorn14
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RE: Comac Receive Order For 45 C919s From Icbc

Thu Oct 20, 2011 10:34 am

Now if Comac can only score a western order they'll really be in business. Where are are you FR?
"I want to know the voice of God the rest is just details" --A. Einstein
 
sirtoby
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RE: Comac Receive Order For 45 C919s From Icbc

Thu Oct 20, 2011 1:14 pm

Quoting bjorn14 (Reply 1):
Now if Comac can only score a western order they'll really be in business.

Maybe they should build an airplane first...  
 
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SKAirbus
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RE: Comac Receive Order For 45 C919s From Icbc

Thu Oct 20, 2011 1:16 pm

Haha FR should be right onto it... Budget plane for a budget airline.
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Flighty
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RE: Comac Receive Order For 45 C919s From Icbc

Thu Oct 20, 2011 1:58 pm

One government agency handing some papers to another government agency. It kind of resembles real business though.
 
Rara
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RE: Comac Receive Order For 45 C919s From Icbc

Thu Oct 20, 2011 2:10 pm

Quoting Flighty (Reply 4):
One government agency handing some papers to another government agency. It kind of resembles real business though.

Business or not, at the end people travel in airplanes from one point to another..
Samson was a biblical tough guy, but his dad Samsonite was even more of a hard case.
 
Flighty
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RE: Comac Receive Order For 45 C919s From Icbc

Thu Oct 20, 2011 2:18 pm

Quoting Rara (Reply 5):
Business or not, at the end people travel in airplanes from one point to another..

Yes   It is real aviation. The headline might alternatively read "Chinese govt orders other part of Chinese govt to start building some planes," but they took some effort to make it appear like IFLC is ordering planes from Boeing, didn't they.
 
fcogafa
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RE: Comac Receive Order For 45 C919s From Icbc

Thu Oct 20, 2011 2:23 pm

There was an article yesterday quoting Willie Walsh as praising the C919! I wonder what his motives are...
 
r2rho
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RE: Comac Receive Order For 45 C919s From Icbc

Fri Oct 21, 2011 8:36 am

Quoting bjorn14 (Reply 1):
Now if Comac can only score a western order they'll really be in business.

Although they would be great for the program's recognition and prestige, if they come it won't be until there's an airplane to see & touch, IMO. In any case, Comac doesn't need Western orders, China and its economic area of influence can give them enough orders to justify the investment. But they have to get a working aircraft out there, the ARJ fiasco has not been forgotten.
 
col
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RE: Comac Receive Order For 45 C919s From Icbc

Fri Oct 21, 2011 4:53 pm

Quoting Flighty (Reply 6):
but they took some effort to make it appear like IFLC is ordering planes from Boeing, didn't they.

If they had ordered from Boeing would you be happier?

You seem to have a problem with China. First your MU comment, which showed you have no understanding of China/MU or really understand that in China they do run airlines successfully. Now the largest leasing company in China have followed GE Capital, CA, CZ, MU etc in ordering the plane, more than likely to be leased to the large profitable and growing Chinese airlines. Seems like good business sense to me, much more so that Airbus and Boeing selling all those units to AA!!!
 
kl911
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RE: Comac Receive Order For 45 C919s From Icbc

Fri Oct 21, 2011 6:39 pm

Quoting col (Reply 9):
You seem to have a problem with China. First your MU comment, which showed you have no understanding of China/MU or really understand that in China they do run airlines successfully. Now the largest leasing company in China have followed GE Capital, CA, CZ, MU etc in ordering the plane, more than likely to be leased to the large profitable and growing Chinese airlines. Seems like good business sense to me, much more so that Airbus and Boeing selling all those units to AA!!!

Agree. Western airlines, especially US based, can learn from Chinese knowledge on how to run airlines and business in general.
 
MoltenRock
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RE: Comac Receive Order For 45 C919s From Icbc

Fri Oct 21, 2011 7:16 pm

The C919 and its derivatives are great planes to try to challenge Boeing and Airbus. If both B&A cannot out-innovate a company like Comac, then they shouldn't be in business. After all, isn't hyper-competitiveness the USA's mantra??? If you can't compete, then die!?!? Just wondering if what's good for the goose is good for the gander, and all that, ya know.